report herewith

WEDGETAIL EXPLORATION NL
ABN 85 003 257 556
Ground Floor, 24 Outram St
West Perth WA 6005
Postal: PO Box 117,
West Perth WA 6872
Phone: +61 8 9488 8800
Fax: +61 8 9481 0288
Website: www.wedgetail.net.au
ASX ANNOUNCEMENT
3rd May 2005
ALL NATIONS RC RESULTS
Results from the second batch of holes of the RC drilling program at the All Nations gold project
have continued to return exceptional near surface results.
Highlights Include:
• 22m @ 6.07g/t. Au from 16m in ANRC0167
• 10m @ 16.25g/t. Au from 54m in ANRC0168
• 12m @ 5.87g/t Au from 30m in ANRC0169
All Nations RC drilling program
Assay results from the second batch of an infill/extensional RC drilling program at All Nations have
returned shallow high grade assay results that confirm the continuity of mineralisation along strike
and at depth at the All Nations project. High grade RC results from the initial batch of results were
reported on last week.
The current program designed to both improve the confidence category of the inferred resource to
measured and/or indicated (by validating the historic drilling data) and to also expand the resource.
The All Nations project is located approximately 5kms north east of the Bartons project, where high
grade RC assay results were also reported in an announcement (15th April 2004). All Nations
currently hosts an inferred resource of 0.33Mt @ 2.56g/t. Au (27koz).
The All Nations mineralisation is hosted in Archean foliated metapelite and metapsammite with
minor quartz veining and sericite/pyrite alteration.
Holes ANRC0168-69 have returned high grade intercepts 40-60m below the surface and
demonstrate that the deposit is open at depth and that further drilling is required to expand the
resource at All Nations.
ASX ANNOUNCEMENT WEDGETAIL EXPLORATION NL
Recently returned results from RC drilling at All Nations are tabulated below. The intervals reported
are from single 1m sample intervals that have been assayed using fire assay analysis.
NORTHING EASTING FROM TO WIDTH GRADE
HOLE ID
(LOCAL) (LOCAL) (m) (m) (m) (g/t Au)
ANRC0156 19583 2000 4 11 7 3.35
ANRC0160 19540 1985 14 17 3 4.71
34 39 5 2.03
ANRC0163 19680 1955 85 93 8 1.60
ANRC0164 19740 1975 6 14 8 2.04
ANRC0165 19740 1955 26 28 2 4.10
ANRC0166 19740 1935 39 50 11 1.50
ANRC0167 19780 1946 16 38 22 6.07
ANRC0168 19780 1926 54 64 10 16.25
ANRC0169 19820 1903 30 34 4 2.07
41 53 12 5.87
ANRC0171 19960 1885 32 33 1 7.35
ANRC0172 19940 1910 11 16 5 2.17
Note:
* Previously reported
Fire Assay analysis - Ultratrace laboratories.
Intersections calculated as weighted averages.
Intersections calculated using a 1.0g/t Au lower cut, no upper cut and 3m internal dilution allowable.
Definition RC programs are underway at the Little Wonder prospect and are planned for the
Shearers, Barton and the recently delineated Linq prospect.
Inquiries:
Peter Woodman – Project Development Manager
Frank Vanspeybroeck – Managing Director
Clive Donner - Chairman
Tel: +61 8 9488 8800
The information in this report, insofar as it relates to ore or mineralisation and exploration activities, is based on information compiled
by Peter Woodman, who is a Member of the Australasian Institute of Mining and Metallurgy and who has more than five years
experience in the field of the activity being reported on. This report accurately reflects the information compiled by that member.